World News Search the World News Network
Advanced Search
Offshore Economy
Offshore Economy News Coverage from hundreds of sources.
Breaking News Thu, 29 Jul 2010
Ecuador's Foreign Minister Ricardo Patino, left, shakes hands with Venezuela's Foreign Minister Nicolas Maduro during a bilateral meeting on the sidelines of an UNASUR meeting in Quito, Thursday July 29, 2010.
(photo: AP / Patricio Realpe)
South Americans try to end Venezuela-Colombia rift
The Star
| QUITO (Reuters) - South American foreign ministers meet in Ecuador on Thursday to discuss broken ties between Venezuela and Colombia, with sparks likely over the two Andean nations' clashing plans to fix a crisis over leftist rebels. | The gathering of the 12-member Union of South American Nations...
A worker monitors water in Talmadge Creek in Marshall Township, Mich., near the Kalamazoo River as oil from a ruptured pipeline, owned by Enbridge Inc, is attempted to be trapped by booms Thursday, July 29, 2010.
(photo: AP / Paul Sancya)
Estimate Rises of Oil Spill in Michigan
The New York Times
| BATTLE CREEK, Mich. — More than one million gallons of oil may have spilled from a pipeline into the Kalamazoo River this week, significantly more than the pipeline’s owner initially estimated, federal officials said. Related | The Lede Blog: YouTube Video of Michigan Oil Spill (July 2...
South Americans try to end Venezuela-Colombia rift
The Star
| QUITO (Reuters) - South American foreign ministers meet in Ecuador on Thursday to discuss broken ties between Venezuela and Colombia, with sparks likely over the two Andean nations' clashing plans to fix a crisis over leftist rebels. | The gatherin...
Estimate Rises of Oil Spill in Michigan
The New York Times
| BATTLE CREEK, Mich. — More than one million gallons of oil may have spilled from a pipeline into the Kalamazoo River this week, significantly more than the pipeline’s owner initially estimated, federal officials said. Related | The Lede...
Higher Oil Prices Help Exxon Top Forecasts
The New York Times
| The Exxon Mobil Corporation, the world’s largest publicly traded oil company, said Thursday that its nearly doubled to $7.56 billion as oil prices increased from last year. Add to Portfolio | Exxon Mobil Corp | Go to your Portfolio » | I...
Business Highlights
Fresno Bee
| The Associated Press Share | thefresnobee_994:/2010/07/29/2023155/business-highlights.html E-Mail Print Text Size: tool name | tool goes here Comments (0) | Similar stories: | Stocks fall amid uncertainty over the economy Stocks fall amid uncertain...
In this April 4, 2005 file photo, a sports utility vehicle drives past an ExxonMobil refinery in Baytown, Texas. Exxon Mobil Corp., the world's biggest oil refiner, will spend more than $1 billion in the next couple of years to increase its global production of cleaner-burning diesel by about 10 percent, the company said Tuesday, Dec. 16, 2008.
AP / File
Higher Oil Prices Help Exxon Top Forecasts
The New York Times
| The Exxon Mobil Corporation, the world’s largest publicly traded oil company, said Thursday that its nearly doubled to $7.56 billion as oil prices increased from last year....
Gasoline - Fuel Prices
WN / sweet
U.S. Gasoline Demand at Lowest Level in Six Years
The Miami Herald
| A sluggish economy and an overall increase in the fuel efficiency of the U.S. vehicle fleet have reduced demand for gasoline to levels not seen since June 2004, according to the ...
An Exxon tanker truck operated by Corey Moorer, right, of Clinton, Md., makes a refueling stop at an Exxon station in Arlington, Va., Friday, Jan. 30, 2009. Exxon Mobil Corp. on Friday reported a profit of $45.2 billion for 2008, breaking its own record for a U.S. company, even as its fourth-quarter earnings fell 33 percent from a year ago. (AP Photo/J. Scott Applewhite)hg3
AP / J. Scott Applewhite
Exxon Q2 profits surge 91%
Oil Marketer
| Exxon Mobil, which is the world’s largest oil company, has today announced profits nearly doubled in the April to June period - easily exceeding analysts’ expectations. |...
Questions Swirl About Damaged Japanese Tanker
The New York Times
| Shipping officials said Thursday that they were examining the hull of a Japanese oil tanker that was mysteriously damaged this week as it traversed a strategically vital waterway between Iran and the Arabian Peninsula. The ship’s owner has sa...
Estimate Rises of Oil Spill in Michigan
The New York Times
| BATTLE CREEK, Mich. — More than one million gallons of oil may have spilled from a pipeline into the Kalamazoo River this week, significantly more than the pipeline’s owner initially estimated, federal officials said. Related | The Lede...
Petrofac wins $400m Kuwait pipeline deal
Gulf News
| London: Petrofac on Thursday said it won a $400 million (Dh1.4 billion) contract from Kuwait Oil Company to design and install pipelines from the Mina Al Ahmadi port to power stations in the country. | The contract adds to Petrofac's esti...
Companies
Dead Chest Island, BVI
(photo: Creative Commons / Legis)
Oil Spill Crime? Send In the BP Squad
The New York Times
| Peter J. Henning follows issues involving securities law and white-collar crime for DealBook’s White Collar Watch. | Attorney General Eric H. Holder Jr.’s criminal investigation of BP’s disastrous oil spill is now in the hands of the BP squad, which is looking at a wide range of possible criminal violations related to the oil rig explos...
Investments
Pilipinas Shell oil transport truck seen  in Busuanga Airport for refilling airplanes in the departure terminal of the airport , Palawan Province  , Philippines , May 25 , 2009.
(photo: WN / Renzelle Mae Abasolo)
Shell profit rises to $4.4 billion in second quarter
Houston Chronicle
| Royal Dutch Shell, Europe's largest oil company, posted a 15 percent increase in second- quarter profit on higher oil prices and production as it exceeded a target for cost savings. | Net income rose to $4.39 billion from $3.82 billion a year earlier, The Hague-based Shell said today in a statement. Excluding one-time items and inventory changes,...



Headlines »

Slideshow »

Get News Updates by Email
N.America Europe S.America Pacific Africa Asia
Asia Offshore Trade
Energy Offshore
Euro Offshore Trade
Offshore Duty
Offshore Geophysical
Offshore Mercantile
Offshore Piracy
Offshore Taxpayer
Offshore Times
Oil Majors
World Offshore Trade
World Oil Trading